Report Highlights
Food Sterilization Equipment Market Size And Forecast
Food Sterilization Equipment Market was valued at USD 698.6 Million in 2019 and is projected to reach USD 1,144.5 Million by 2027, growing at a CAGR of 6.2% from 2020 to 2027.
Food Sterilization Equipment Market Overview
The rise in number of infectious and food borne diseases is the foremost factor driving the market growth. The World Health Organization states that every year, the food not made in a proper and hygienic manner results in 600 million cases of foodborne diseases and 420,000 deaths. 30% of children aged 5 years or below, have a tendency to die at an early age due to food poisoning and foodborne infections. The increased responsiveness about the notion of food safety among the consumers and food handlers is boosting the market growth. On account of the COVID-19 epidemic current situation, the Food Safety and Standard Authority of India (FSSAI), issued complete safety guidelines for employees and food handlers working in food industries to avoid the spread of COVID -19.
Food Sterilization Equipment Market Competitive Landscape
The Global Food Sterilization Equipment Market study report will provide a valuable insight with an emphasis on global market. The major players in the market are JBT Corporation (US), Buhler (Switzerland), Cosmed Group (US), Ventilex (Netherlands), Surdry (Spain), Steriflow (France), Allpax (US), Hisaka (Japan), Systec (Germany), De Lama (Italy), Raphanel (Spain), Sun Sterifaab (India), and International Sonomecanics (US). The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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